Hassan Sadiq has stepped down as chief executive of business process outsourcing outfit Innovation Group with immediate effect.
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The group has hired headhunter Russell Reynolds to find a new chief executive and, until a replacement is found, Andy Roberts - currently non-executive chairman - will assume the role of executive chairman. Innovation also reiterated previously announced full-year guidance, confirming that adjusted pre-tax profits will be in line with market expectations, and that cash will be "substantially" ahead.